Fitch gives Electus B- foreign currency

Fitch Ratings said it has assigned Electus SA a long-term foreign currency issuer default rating of B- and a national long-term rating of B+(pol).

Both ratings have negative outlooks.

The agency said that Electus' assigned issuer default ratings and National rating reflect its relatively small size and the high liquidity and refinancing risk the company faces stemming from the short-term profile of external funding sources.

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